Keycorp Ltd. of Australia has named
Ken Carr as its CEO, replacing Bruce Thompson. Carr previously was group chief executive of LongReach Group Ltd. of Australia.
Timothy Oliver has joined Metavante Corp. as its senior vice president and chief financial officer. Oliver previously was vice president and treasurer at Rockwell Automation Inc.
Pay By Touch has named Robert M. Sigler chief financial officer. Sigler was the president and cofounder of Global Trust Ventures private equity fund, an investor in Pay By Touch.
Shoppers Charge Accounts Inc. has named Gregory S. Dorniak vice president of business design and development. Dorniak previously was vice president at Interchanger Bank/TD Banknorth.
Saylent Technologies Inc., a debit card management services provider, has named Russell J. Prettitore as vice president of sales. He previously was vice president of debit product sales at MasterCard Worldwide.
Transaction processor Moneris Solutions has named David Magley senior vice president, regional sales. Magley most recently was vice president, regional sales, at RBS Lynk.
Retail Decisions has named Scott Lewer general manager and executive vice president of the firm's U.S. business. Lewer previously was vice president of business development at First Data International.
Precidia Technologies Inc. has named Ed Davis vice president-Eastern U.S., and Ted Sarosdy as vice president-Western U.S.
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Threat group ShinyHunters claimed responsibility for the attack, which reportedly targeted third-party platforms rather than Betterment's own systems.
February 6 -
Artificial intelligence developments are stoking investor fears about software companies. Banks' limited exposure to the sector and general stability is proving attractive to investors.
February 6 -
Prosperity Bancshares finalizes the second of three acquisitions it's announced since July; Sumitomo Mitsui Banking Corporation appoints a new chief information security officer for its American operations; Huntington Bancshares, Third Coast Bancshares and Heritage Financial completed acquisitions; and more in this week's banking news roundup.
February 6 -
Fintech and crypto groups said in comment letters to the Federal Reserve that the proposed "skinny" master account is too limited and could keep firms dependent on banks. Banking groups asked for more time to comment.
February 6 -
Federal Reserve Vice Chair Philip Jefferson said in a speech Friday that long-term productivity gains brought on by artificial intelligence could compel the central bank to maintain higher rates to keep prices stable.
February 6 -
While the e-commerce giant has deemphasized the technology, banks and payment firms are testing the biometric option.
February 6





